According to Shenzhen TechFlow, digital asset management company Valkyrie announced the launch of the Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ: BTFX), which aims to provide twice the leverage investment results in the Bitcoin futures market.
The way BTFX works is by investing in Bitcoin futures contracts, it is designed to provide investment results that are twice the intraday performance of the index, which is a measure of the performance of the CME Bitcoin futures market, rolling on a scheduled basis.
Valkyrie CEO Leah Wald said that BTFX was launched to provide investors with innovative options to access Bitcoin and the entire digital asset ecosystem. Valkyrie chief investment officer Steven McClurg said BTFX aims to provide investors with strategic tools to take advantage of Bitcoin’s volatility and growth prospects, while demonstrating the company’s commitment to providing tailor-made digital asset products that enable clients to navigate through regulated familiarity. format to participate in the crypto market.
